Buying

Found 36 blog entries about Buying.

How to Choose a Mortgage Broker

There are many moving parts when it comes to buying or selling real estate. Financially speaking, most buyers will need to find a mortgage broker who can facilitate the mortgage process based on individual considerations. Use online mortgage calculators to assist you in how much house you can afford.

The first step is understanding the differences between a mortgage broker versus a mortgage lender. Quite simply, a mortgage broker matches the buyer with an appropriate lender. Meanwhile, the lender is the institution who is providing the funds for the buyer to finalize the home purchase. Mortgage brokers are not loan officers. Yet, they do work with loan officers, if need be, on your behalf.

While securing the services of a mortgage broker isn’t a

204 Views, 0 Comments

Home Design Trends in 2017

Home Design Trends for 2017 brought to you by Raleigh Realty

Now that we’ve bid adieu to 2016, the New Year brings with it exciting possibilities that encompass many spheres of our life. When it comes to home decor and interior design, 2017 promises to be a year that will make people look beyond the obvious color palettes and the “oh so!” style themes.

  • For the Kitchen
  • For the Bedrooms
  • For the Bathrooms
  • For the Living Room
  • What is out of style?

Over the last couple of years, home decor has completely changed its ballpark with new trends emerging every season. As the world becomes more compact, tastes and preferences are no longer defined by geographies. Now, people are also more willing to spend a generous amount of money to give their home a makeover it

1,603 Views, 0 Comments

How to Save Up for a Down Payment

Saving for a Downpayment on a House

Let's start with some great news: You DON'T need 20% down to buy a house. In our market, here in Raleigh, North Carolina, and in a lot of other places, you can buy a home with 0% down

A great way to build wealth over a period of time is through the building of home equity. Obviously, this means that one of the main requirements needed to build this home equity is to actually own a home. Many aspiring home buyers typically run into the problem of acquiring the funds needed to make their first down payment on a new home. Not a problem. This article lists the many steps a person can take to save up the money needed to do just that. 

More than likely, one of the biggest single purchases an individual will make

1,736 Views, 0 Comments

How to Get The Best Mortgage Rate and Lender

How to Get the Best Mortgage Rate

Over the last 12 months, mortgage rates have been at historic lows. A mortgage can be daunting since you will be incurring a lot of debt, however, it is going towards something that will help you build wealth, a home. In this article, we are going over simple steps that anyone can take to getting a great mortgage rate.

There is speculation that rates will soon begin to go back up as inflationary fear starts to creep back in. For now, the question we want to address is how to get the best mortgage rates. There are numerous options and strategies out there. Read on a bit further to learn all of the details.

Do the Math

The first thing you want to do is to figure out the math involved with your

851 Views, 0 Comments

Tax Breaks for Homeowners

10 Tax Breaks When You Own A Home Infographic

This article is for informational purposes only. If you're seeking tax advice please consult with a tax advisor.

When you decided to own a home as opposed to renting one, you were getting started on the road to creating an investment. To assist homeowners such as yourself with the strain caused by paying high mortgages, the US government has created numerous tax deductions specifically designed to lower the payments you’ll have to make during tax season. Now that you qualify for them, your next step should be to learn as much about them as possible.

We’re sure that up until recently, you’ve probably only been claiming standard deductions on your taxes. Now that you’re a homeowner, you’ll learn to itemize the extra

11,712 Views, 1 Comment

Reasons to Buy a Home in 2017

Buy-a-Home-2017

One of the best investments one can make is buying a home, especially at a young age. This gives your money time to go to work for you vs. paying rent to build someone else's equity. 

If you're paying rent in 2016, here are a few reasons to buy a home in 2017.

One of the best ways to build wealth is to leverage, time. Albert Einstein calls compounding the most powerful force in the Universe. 

If someone offers you a choice between taking 1 million dollars this very instant or a single penny that doubles in value every day for 31 days, which would you choose? The million dollars right? What if you take the doubling penny....

On day 5 you have 16 cents, and that one million is looking a lot like the better

7,907 Views, 4 Comments

6 Reasons to use an Agent in Every Transaction

6 Reasons to NEVER Buy or Sell without a Real Estate Agent

Buying and selling homes should be fun... sometimes it turns into a roller coaster ride that you didn't sign up for

When you're buying and selling real estate by yourself, and without a Realtor, you probably feel like you're doing an excellent job. Chances are you're using all the information at your fingertips whether that means searching homes for sale online or putting that for sale by owner sign in your yard! Either way, you are 100% committed to saving on the commissions you would normally have to pay to a realtor. Even when a Realtor will save you more money, than you'll save by not paying commissions.

Did you know the founder of forsalebyowner.com uses a Realtor? Oh, and the founders of

4,001 Views, 6 Comments

How to Know When NOT to Buy a Fixer-Upper 

When NOT to Buy a Fixer-Upper Home

Do you see past the flaws of a “fixer upper” and imagine what is possible? Do you get that giddy feeling knowing you can turn a home's imperfections into something beautiful?

Home improvement certainly means something different to each of us. Some people like the idea of tearing down a house to its foundation and starting over. Some folks just want to spend a few weekends pounding nails and painting.

Nine out of 10 home buyers today use the internet as their primary source of research for properties, lenders, real estate agents, you name it. It’s never been this fast and easy to buy a home.

Not only is housing hunting faster, you can make it less risky, too. Whether you want to fix the general

6,880 Views, 3 Comments

How to Buy a Home When You're Engaged (Before Marriage)

Are you considering buying a house during your engagement? You’re not alone. Many couples believe that a home purchase should take place before marriage.

One in four couples between the ages of 18 and 34 bought a house together before the wedding.

Understanding the home buying process is important, and equally, as important is understanding how to buy a house prior to the wedding! 

Common Home Buying Questions When You’re Engaged

  • What are the differences?
  • How do you take title?
  • Legal Implications?
  • What happens after we are Married?

How to Buy a Home During an Engagement

A home, and a diamond ring, two of the larger purchases you will make in your lifetime. You’re going to spend a lot of time searching for both, and

3,005 Views, 2 Comments

ACID Test or Liquidity Ratio: How it Applies to Your Mortgage Approval

What is the Acid Test (Liquidity Ratio) in a Mortgage Approval?

Buying a home can be both exciting and nerve-racking. If it’s your first time, you are probably overwhelmed. Before you buy a home, you’ll want to know the steps involved, money saving strategies, and the mistakes to avoid for first time home buyers.

One of the biggest reasons first time home buyers are unable to buy the home they want is because they are unable to qualify for a mortgage. You should spend equal time and effort on improving your mortgage qualifications as you do on finding a great home.

Before you begin the home buying process, you’ll want to learn about everything a mortgage lender and bank will want to see, in order for you to qualify for a home

2,375 Views, 0 Comments